Charlotte Region AM/FM Radio Stations
Charlotte, NC
| Asking Price: | $600,000 |
| FF&E: | $100,000 |
| Established Year: | 1992 |
| Gross Revenue: | $180,000 |
| Real Estate: | $1,006,000 |
Listing ID: 2300661Listing provided by BizBuySell
BUSINESS DESCRIPTION
Offered for sale are two long-time local AM Radio Stations with FM Translators and a broadcast coverage area serving approximately 645,538 population. Strategically located in the fast growing Charlotte region along I-85, a main corridor providing a connection between the northeast and Atlanta. Current broadcast format is very local, community-based. Bring your creativity to expand and grow numbers and types of listeners, All equipment and relationships included to ensure success.
The sellers have other non-related interests that are requiring more of their time. Upside potential for a new owner operator to immediately grow the business.
DETAILED INFORMATION
Location
Charlotte, NC
Inventory
Not Included in asking price
Real Estate
Owned
Employees
9
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
The sale includes all equipment and employees to keep the business running smoothly. Real Estate is being offered separately for purchase.
Growth & Expansion
Radio maintains a strong weekly reach of more than 82.5% of United States adults and has continued to be a valued channel to bring in advertising dollars. Simply by a new owner devoting more time to develop additional programming and content delivery, this successful business can quickly grow in size. For example, developing a Youtube channel would show an immediate impact in listener growth.
Support & Training
The seller is willing to train and provide support for up to 2 weeks after the sale. The seller is also willing to connect the buyer with all supplier relationships to keep the business running smoothly.
Reason for Selling
Retirement
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